Kyoung Jin Choi

Kyoung Jin Choi is an Assistant Professor of Finance at the Haskayne School of Business, University of Calgary. He joined the faculty in July 2011. Kyoung Jin holds a PhD in Economics from Washington University in St. Louis, a PhD in Mathematics from Korea Advanced Institute of Science and Technology (KAIST), and a BS in Mathematics from Pohang University in Science and Technology (POSTECH). Previously he has held the position at the Korea Institute for Advanced Studies (KIAS).

Kyoung Jin teaches Futures and Options at the undergraduate level and the general derivative pricing and the term structure of the interest rate at the graduate level. His areas of research interest are Finance and Macroeconomics theories including topics in corporate (capital) taxation, capital structure, firm dynamics, optimal contracts, CEO payment, asset pricing, and financial crisis. Kyoung Jin has presented his research at conferences including the North American Summer Meeting of the Econometric Society, the Midwest Economic Theory Meeting, the Midwest Macroeconomics Meeting, and the Eastern Economic Association Conference. He also served as a referee for several Economics and Finance journals including the Review of Economic Studies and Annals of Finance, and for several Mathematics and Operations Research journals.

Publications

Choi, K. J., Shim, G. and Y. H. Shin (2008): ”Optimal Portfolio, Consumption, and Retire- ment Choice Problem with CES Utility”, Mathematical Finance 18, 445-472.

Choi, K. J. and G. Shim (2006): ”Disutility, Optimal Retirement, and Portfolio Selection”, Mathematical Finance 16, 443-467.

Choi, K. J. and H. K. Koo (2005): ”A Preference Change and Discretionary Stopping in a Consumption and Portfolio Selection Problem”, Mathematical Methods of Operations Re- search 61, 419-435.

Choi, K. J., Koo, H. K., and D. Kwak (2004): ”Optimal Stopping of Active Portfolio Man- agement”, Annals of Economics and Finance 5, 93-126.

Working Papers

Choi, K. J., ”Mirrlees Meets Modigliani-Miller: Optimal Taxation and Capital Structure”

Choi, K. J., ”Optimal Contracts and Firm Dynamics”

Azariadis, C. and K. J. Choi, ”Reputational Lending and Financial Crises”

Choi, K. J.,”Note on Sustainability of First Best Allocations in a Production Economy”

• Courses